INVESTMENT ADVISER LAW BLOG

Although the proposed rules have yet to be released, the SEC has announced that they will be considering rules to repeal the ban on general solicitation and advertising at an August 22 open meeting. The SEC is expected to release its proposed rules sometime prior to the August meeting.

The repeal is mandated by Title II of the Jumpstart Our Business Startups (JOBS) Act passed in April 2012.

Sources:

• SEC Meeting Notice
• Prior JOBS Act Posts

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Jack G. Martel is the author of Investment Adviser Law Blog which is devoted to providing information and discussion of interest to investment advisers, private fund managers and others in the financial management industry. Jack is a partner in Ragghianti | Freitas LLP. He has over fifteen years experience in general business and securities transactions with a focus on assisting investment advisers, fund sponsors and managers in all manner of legal, regulatory and compliance issues. Jack can be reached at 415.453.9433.

Tagged: Compliance, Hedge Fund, JOBS Act, Regulatory, SEC

§ 3 Responses to SEC Commissioners to Consider Fund Advertising Rules

• SEC Commissioners to Consider Fund Advertising Rules « Orient Express from Global HFA Asia says:

  July 10, 2012 at 11:57 am

  […] (Investment Advisor Law Blog) Although the proposed rules have yet to be released, the SEC has announced that they will be considering rules to repeal the ban on general solicitation and advertising at an August 22 open meeting. The SEC is expected to release its proposed rules sometime prior to the August meeting. […]

• JOBS Act Repeal of Advertising Restrictions Further Delayed « Investment Adviser Law Blog says:

  August 20, 2012 at 11:19 am

  […] SEC Commissioners to Consider Fund Advertising Rules (previous post) […]

• SEC Again Delays Action on Advertising Rules « Investment Adviser Law Blog says:

  August 22, 2012 at 8:34 am

  […] SEC Commissioners to Consider Fund Advertising Rules (previous post) […]